Home > Insider Trading > Filing (0001209191-14-042625)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1576169	BenefitfocusInc.	BNFT	Services-Prepackaged Software (7372)	462346314

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1294986	L Andrew Howell	100 Benefitfocus Way Charleston SC 29492	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-06-17	375	$5.38	141,666	No	4	M	Direct
Common Stock	Disposition	2014-06-17	375	$40.37	141,291	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2014-06-17	375	$0.00	375	$5.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
64,737		2020-06-30	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$3.80	2019-06-30	3,098	3,098	Direct
Common Stock	Stock Option (Right to Buy)	$10.30	2022-09-30	22,667	22,667	Direct
Common Stock	Stock Option (Right to Buy)	$13.53	2023-05-07	51,461	51,461	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2019-06-30	3,098	3,098	Direct
2022-09-30	22,667	22,667	Direct
2023-05-07	51,461	51,461	Direct

Footnotes

This exercise and sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2014.
This transaction was executed in multiple trades at prices ranging from $40.25 to $40.49. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This option was granted on July 1, 2010 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on July 1, 2011, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option is fully vested.
This option was granted on October 1, 2012 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on October 1, 2013, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.
This option was granted on May 8, 2013 and vests over a four-year period with one-fourth (1/4) of the option granted vesting on May 8, 2014, the first anniversary of the vesting commencement date, and the balance of the option granted vesting ratably on a monthly basis over the following 36 months.